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Property Details

Northwave (Executive Condominium)

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Northwave (Executive Condominium) - District 25

TOP 2019 $1,050,700 onwards - 5 Bedroom
1464 sq ft 5 Bedrooms4 Bathrooms358 Garages Print this page

Northwave is the first Executive Condominium (EC) to feature an air-conditioned badminton court and exclusive to only 358 units. This EC is located strategically in the middle of major shopping malls like Causeway Point, Sun Plaza and upcoming Northpoint City. Future improvements on accessibility comes from Thomson-East Coast MRT Line and also North South Expressway. Residents also enjoy free shuttle service to Woodlands MRT station, where Causeway Point and Civic Plaza is adjacent to. For avid cyclist, Park Connector Network links Northwave to Woodlands Waterfront, Ulu Sembawang Park, Yishun Park and Mandai Park. This is why Northwave is an EC that is more than it meets an eye; where still waters runs deep.

Executive Condominiums (ECs) are designed to cater housings for the sandwiched class who exceeds the income cap for HDB flats (public housing) and yet insufficient purchasing power to purchase private properties. Purchase eligibility for ECs are governed under HDB regulations yet sales are conducted in similar manner as private condominiums.

ELIGIBILITY CONDITIONS

For eligibility conditions and the relevant schemes to apply, please visit the Executive Condominium (EC) Eligibility page. All eligibility conditions are based at point of booking. Owners & Essential Occupiers are required to remain eligible from point of booking until throughout the first 10 years of occupation. However, should your income exceed the EC eligibility income cap after exercising OTP, it has no effect on the purchase.

PREMIUM / RESALE LEVY

To find out if you are subjected to Resale Premium, Resale Levy or Revised Resale Levy and how much you have to pay, please visit the HDB Resale Levy and Revised Resale Levy page.

PAYMENT SCHEME

CPF Housing Grant is only available to Singapore Citizen (SC) who have not previously taken any housing subsidy and/or grant. They must  also meet all prevailing eligibility conditions for grant and for buying an EC unit.

Normal (Progressive) Payment Scheme (NPS) for EC:

Booking fee  5% of sales price
Exercise Option 15% of sales price within 9 weeks from Option date or on exercising of OTP, whichever is later
Foundation completed 10% of sales price
Framework completed 10% of sales price
Partition walls completed 5% of sales price
Roof/Ceiling completed 5% of sales price
Door,wiring,plastering,plumbing completed 5% of sales price
Carpark, roads, drains completed 5% of sales price
Obtained Temporary Occupation Permit (TOP) 25% of sales price
ertificate of Statutory Completion (CSC); within 12 months from TOP date  15% of sales price either in manner of 13%+2% or 8%+5%+2%, depending on administrative progression.

Deferred Payment Scheme (DPS) for EC:

Booking fee  5% of sales price
Exercise Option  15% of sales price within 9 weeks from Option date or on exercising of OTP, whichever is later
Obtained Temporary Occupation Permit (TOP)  65% of sales price
Certificate of Statutory Completion (CSC); within 12 months from TOP date  15% of sales price either in manner of 13%+2% or 8%+5%+2%, depending on administrative progression.

 

DEVELOPMENT DETAILS

DEVELOPER  Hao Yuan (Woodlands) Pte Ltd
LOCATION  Woodlands View
SITE AREA  12,388.30 square metres
TOTAL UNITS  358
CARPARK  358 lots with 60 bicycle lots
EXPECTED TOP  31 May 2019
ARCHITECT  Design Link Architects Pte Ltd
POSTAL DISTRICT  25 (Outside Central Region – Woodlands)

 

LOCATION

 

FACILITIES

 

FLOOR PLANS

2bedroom Type B1 678sqft unit23, Type B2 753sqft, unit 04/24

3bedroom Type C1 893sqft, unit 05

3bedroom Type C2 990sqft, unit 03/09/13/17

3bedroom Type C3, 979sqft, Unit 10/14

3bedroom Type C4, 1001sqft unit 18

3bedroom Type C5, 1097sqft unit 15/21

3bedroom Type C5a, 1108sqft unit 08

3bedroom Type C6, 1119sqft unit 02/12/20

3bedroom Type C6a, 1130sqft unit 22

4bedroom Type D1, 1270sqft unit 01/11

5bedroom Type E1, 1463sqft unit 16

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Northwave (Executive Condominium)
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Agent Henry Lim

  • Mobile : +65 86868388

Henry Lim graduated with a Diploma in Civil & Structural Engineering from Singapore Polytechnic in 1999 and proceed to serve as a Naval Combat System…
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